The question here is whether bitcoin mining is a single point of failure. Could a government or other authority control Bitcoin through controlling a single entity in mining? What would it actually take to “take over”?

RT @BitcoinMagazine: Could a government or other authority control #Bitcoin through controlling a single entity in mining? What would it actually take to “take over”? @jimmysong explains why mining centralization is overblown. https://t.co/XVSVcYRYJf

RT @BitcoinMagazine: Could a government or other authority control #Bitcoin through controlling a single entity in mining? What would it actually take to “take over”? @jimmysong explains why mining centralization is overblown. https://t.co/XVSVcYRYJf